The 80/20 Rule, or the Pareto Principle, is used for Critical Mistake Analysis and can be used to target training for the critical content of 20% that result in the largest impact of 80%

1. 80-20 Rule – The Pareto Principle

3. The Pareto Principle means, “ Put your efforts where they will make the most difference”

5. How to apply 80-20 Rule?

6. The 80-20 Rule can be applied in Time Management and productivity workshops

7. Important concept to plan your Sales achievements

8. 20% of your customers make up 80% of your budget

9. Keep your efforts on the remaining 80% of customers at a "reasonable level"

10. Identify key happiness triggers (20%) and ditch the activities (80%) that provide little or no satisfaction

11. Focus on activities that produce the best outcomes for you, professionally and personally

12. It reduces operating costs Operating costs

13. Helps Bridging the gap

14. Critical Mistake Analysis (CMA) : - a very good application of this rule

15. Critical Mistake Analysis can be used to target training to the critical content (20%) that result in the largest impact (80%)

16. Applications of the 80-20 Principle

17. The 80-20 Rule is used for the growth and development of business

18. Helps identify important problems

19. Go off unused stuff

20. Learn to use the tools you need the most

21. Do away with meaningless activities

22. Concentrate on your strengths

23. The Pareto Principle helps you focus on the biggest bang for your determination

24. To harness the power of the 80-20 Principle in your personal life, do the following

25. Ascertain how things happen

26. Pareto Principle is the Cornerstone of CRM or Loyalty Marketing Strategy

27. Pareto Principle best used as a gross Error Check

28. “ It is our attitude at the beginning of a difficult task which, more than anything else, will affect its successful outcome” --William James

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